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International Forum of Accounting Standard Setters (IFASS) (formerly known as National Standard Setters, NSS) is a grouping of national accounting standard setters from around the world, plus other organizations that have a close involvement in financial reporting issues.

IASB Chairman, Hans Hoogervorst gave a speech today at the World Standard-Setters (WSS) Conference on strengthening institutional relationships. He discussed the role that collaboration plays in the current and future success of IFRS.

A report has been issued summarizing the discussions at the meeting of the International Forum of Accounting Standard Setters (IFASS, formerly the NSS) held in Zurich on October 22 and 23, 2012. The meeting covered a broad range of topics, including the future relationships between the IASB and regional and national standard setters, topical issues in financial reporting, reports from regional groups, and administrative matters.

The International Forum of Accounting Standards Setters (IFASS) met in Kuala Lumpur on March 29 and 30, 2012; a detailed report of proceedings at the meeting has now been released. The report outlines discussions on numerous topics such as the relationship between standard setters and the IASB, the IASB's work program and processes, and the possible adoption of IFRSs in the United States, noting a possible "step back."

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

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